HRZ horizon minerals limited

Ann: Phillips Find Mining Update, page-2

  1. 9,218 Posts.
    lightbulb Created with Sketch. 4528
    Good announcement. AWJ has been doing well from their JV with BML.

    Phillips Find is nice grade. 200kt at 2.4g/t (guessing based on indicated tonnes) at 90% recoveries is about 13,900 ounces. At $4k/oz that is $55.5m revenue. Assume $1,600 margins at worst case and $800 to HRZ (50%) that is still another $11m to HRZ next year.

    This cashflow goes a long way to setting up longer term plans.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
5.0¢
Change
0.001(2.04%)
Mkt cap ! $144.4M
Open High Low Value Volume
4.8¢ 5.0¢ 4.8¢ $135.8K 2.755M

Buyers (Bids)

No. Vol. Price($)
2 571694 4.9¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 315426 5
View Market Depth
Last trade - 16.10pm 07/08/2025 (20 minute delay) ?
HRZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.